When US inflation starts to bite and EU is forced into qe, moon bound journey will resume.
Topic: Price back to 400$ - page 5. (Read 5909 times)
It's just the Silkroad coins. The drop is so they can be bought cheaper. Nothing more, nothing less.
Relax, sit back and try to buy some
This.Relax, sit back and try to buy some
People dropped the price to pick them up cheap, not a lot else to it. That's the thing with the Bitcoin world, everyone is aiming to get more and more of them, and so when a large auction like this occurs, they drop the price to try and pick more up.
The price will return to $650 soon enough.
My 2 satoshi's:
1.) Price likely to continue this downward trend til the 27th, likely to hit the $420 range. If those that purchase majority of the coins on the 27th have sinister motives price will definitely drop below $400 (but not for very long), if no sinister motives, price should jump pretty significantly right after sale.
2.) Disagree that FBI announcement is sole reason for price decrease. Plenty of other bad or concerning news surrounding bitcoin atm, chief among them threat of 51%.
1.) Price likely to continue this downward trend til the 27th, likely to hit the $420 range. If those that purchase majority of the coins on the 27th have sinister motives price will definitely drop below $400 (but not for very long), if no sinister motives, price should jump pretty significantly right after sale.
2.) Disagree that FBI announcement is sole reason for price decrease. Plenty of other bad or concerning news surrounding bitcoin atm, chief among them threat of 51%.
51% attack news and govt selling 30,000 bitcoins bringing the price down temporarily
yeas 51% attack is still big problems, until something will be done, Im not too optimistic, also it could shift attention to coins that dont have this problem...
I think it will go on more decreasing till a visible solution for the double-attack thing is out.
Many people are selling now because they are afraid.
Many people are selling now because they are afraid.
Nah, $500 is the lowest!!
Nah, 600$ is the right price now. 500$ is too much low for Bitcoin price. News of Silk Road is not so bad !
Nah, $500 is the lowest!!
Do oyu thin that the price of BTC will go back to 400$ or less ? Was this price of 600$ too much? Is it а bubble popping again?
Tell what you think!
BR
Gondel
Tell what you think!
BR
Gondel
no, i don't think it will go much lower than it has been going.
$400 is really too low
$600 is not too much, and it's not a bubble, a short while ago we were at $420 and before that we were at $1200. It's not a bubble until it reached at least $2000
Wait and the correct time buy! It wil not drop below 400$ for sure !
BR
Do oyu thin that the price of BTC will go back to 400$ or less ? Was this price of 600$ too much? Is it а bubble popping again?
Tell what you think!
BR
Gondel
Tell what you think!
BR
Gondel
no, i don't think it will go much lower than it has been going.
$400 is really too low
$600 is not too much, and it's not a bubble, a short while ago we were at $420 and before that we were at $1200. It's not a bubble until it reached at least $2000
Do you think that the price of BTC will go [..] to 400$ [..]
Did you mean 4000$?
it can be Silkroad coins affect or 51% fear but IMO its not going to 400USD again.
If the price drops soon below 450$, then the uptrend is broken and sometime later it will drop below the previous low of 340$.
I agree with that.But atm the moment the first support is around 520$.
If it does I might have to sell my house to grab all those cheap coins.
It might not drop below 400$ but will be in the range of 450-600. News of the doj selling the silkroad coins is what has caused the drop but this is good news for the ones who will buy them, so by July the price might hit 700$
Not good news for us others - who won't buy them. If they buy low and we bounce back, they have the opportunity to dump.
Aside from short term price fluctuations, long term it is very good this chunk is held by enterprising people, not a govmnt with questionable motives. Even if they mean no harm, the doubt and fear of a future selloff would remain. Also they can't easily declare bitcoin itself illegal after selling it, which limits further law making to regulate how you do business with it, not whether at all.
It might not drop below 400$ but will be in the range of 450-600. News of the doj selling the silkroad coins is what has caused the drop but this is good news for the ones who will buy them, so by July the price might hit 700$
Not good news for us others - who won't buy them. If they buy low and we bounce back, they have the opportunity to dump.
I guess there isn't much we can do as the doj will eventually sell them at some point
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Possibly depending on how the markets react to the news
Seeing as a 51% network hashrate is not causing a problem and the market has factored in the sale of the FBI bitcoins
And their still being a general positive sentiment from merchant adoption don't see a drop coming yet
When merchants start converting bitcoins to fiat at a large scale though it might put a temporary downward pressure on the price though.
Seeing as a 51% network hashrate is not causing a problem and the market has factored in the sale of the FBI bitcoins
And their still being a general positive sentiment from merchant adoption don't see a drop coming yet
When merchants start converting bitcoins to fiat at a large scale though it might put a temporary downward pressure on the price though.
It might not drop below 400$ but will be in the range of 450-600. News of the doj selling the silkroad coins is what has caused the drop but this is good news for the ones who will buy them, so by July the price might hit 700$
Not good news for us others - who won't buy them. If they buy low and we bounce back, they have the opportunity to dump.
It might not drop below 400$ but will be in the range of 450-600. News of the doj selling the silkroad coins is what has caused the drop but this is good news for the ones who will buy them, so by July the price might hit 700$
No, I don't think that the price will drop down to 400$, that's a too big drop !
When the month of June will pass, price will mantain stable above 600-700$
When the month of June will pass, price will mantain stable above 600-700$
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